Toyota to Make New Engine for Camry in Australia

Toyota Motor Corp. Australia Ltd. will manufacture a new fuel-efficient and more environmentally sustainable engine for its Camry and Hybrid Camry sedans at its long established engine plant in Altona, Melbourne.
The auto maker says the A$300 million ($278 million) project will see more than 100,000 engines produced each year at Altona, beginning in second-half 2012.
The Australian government is allocating A$63 million ($58 million) to the project, with the money coming from the Green ...

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